A Stock Is Trading at $20 $- 0.50$ A Decrease of 10 Basis Points in the Interest Rate

Multiple Choice

A stock is trading at $20.A one-month put with a strike of 19 is valued at $0.360 and has a rho of $- 0.50$ .A decrease of 10 basis points in the interest rate changes the put value by

A) $- 0.005$
)
B) $+ 0.005$
)
C) $- 0.05$
D) $+ 0.0005$
)